Well, this was about as inevitable as Apple not losing a super-secret iPhone prototype: Google and Adobe have pretty much formed an alliance against the iPhone, in true the-enemy-of-my-enemy-is-my-friend style. The agreement between the two companies is clearly a big middle finger towards Apple and the iPhone. Update: Apple has finally added a framework to Mac OS X that will enable accelerated Flash video content - something Adobe has been asking for. This should enable Adobe to greatly improve Flash video performance on Mac OS X. Anyone know about Linux?

By supporting Adobe Google implicitly weakens the argument for HTML5 video, HTM5 games etc. While Flash is prominent few - if any - companies will create dual standard solution because it's too costly.

Moreover, Adobe essentially remains in the innovation drivers seat because without Adobe's support for specific innovations developers cannot deploy them.

Adobe is trying to lock you into their platform. Apple is trying to lock you into theirs. Google, rather than championing an open platform is simply supporting whomever helps them gain leverage against the competition.